- The trend backdrop is active with a 3-week active streak.
- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Activity pressure is positive on the latest completed week.
NWG
LSE
Week ended 07 Aug 2026
Weekly Investor Report
NatWest Group plc · Financial Services · Banks - Regional
Latest close
712.4 GBP
0.9%
latest week
Weekly setup
Constructive, but selective
The weekly trend is active. Price is 15.3% above the Trend Line and sits at 94.0% of its 52-week range. The latest completed week returned 0.9%, after a 7.5% four-week move. The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is inexpensive relative to peers. The latest news-sentiment score is 54/100. Near-term considerations: price is close to its 52-week high.
Setup score
71
out of 100
Latest Close
712.4 GBP
7 Aug 2026
1W Return
0.9%
latest completed week
4W Return
7.5%
short-term follow-through
12W Return
26.9%
quarterly tape
Trend Breadth
63.5%
33 of 52 weeks active
Volume Ratio
1.6x
vs 13-week average
- 15 reversal markers appear in the recent smart-money tape.
- Price is close to its 52-week high; watch for continuation or exhaustion.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
0.9%
Latest completed week; four-week move 7.5%.
Indicator stack
45/78
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
Next-Week Expectancy
Positive 65.07%
Historical one-week expectancy contributes to the evidence score when direction is confirmed.
News sentiment
54/100
34 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is active. Price is 15.3% above the Trend Line and sits at 94.0% of its 52-week range. The latest completed week returned 0.9%, after a 7.5% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.6x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
27 Feb
6 Mar
13 Mar
20 Mar
27 Mar
3 Apr
10 Apr
17 Apr
24 Apr
1 May
8 May
15 May
22 May
29 May
5 Jun
12 Jun
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.7512-week average 0.50
12-week confirmation
Trend active3/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure8/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership9/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.75Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers1515 reversal markers
No recent accumulation markers. 15 reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 7.5% over four weeks, 26.9% over 12 weeks, and 36.3% over one year. The current trend has remained active for 3 consecutive weeks.
Performance by holding period
Active trend streak3 weeks
Active weeks in one year33
Trend breadth63.5%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure1.30Latest activity-pressure read.
Pressure change57.2%Four-week change in activity pressure.
Leadership9.58Latest relative-leadership reading.
RS change39.7%Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
The latest factor snapshot indicates quality ranks strongly versus its universe; growth ranks strongly; valuation is inexpensive relative to peers.
Factor week 09 Aug 2026
Financial statements through 31 Mar 2026
Field coverage 70%
Model confidence 65%
Relative factor standing
Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.
Overall factor strength96/100Blend of value, momentum, and quality. Underlying universe rank 5; rank 1 is best.
Value87/100Relative valuation strength. Underlying universe rank 14; rank 1 is best.
Quality85/100Profitability and accounting quality. Underlying universe rank 16; rank 1 is best.
Momentum92/100Medium-term price momentum. Underlying universe rank 9; rank 1 is best.
Growth90/100Revenue and earnings growth. Underlying universe rank 11; rank 1 is best.
Quality and valuation are separate questions
A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.
Valuation
How much investors are paying for earnings, sales, and cash flow.
- P/E
- 9.5x Price divided by trailing earnings.
- Price / sales
- 3.3x Market value relative to trailing revenue.
- EV / EBITDA
- - Enterprise value relative to operating cash earnings.
- Free-cash-flow yield
- 10.2% Free cash flow as a share of enterprise value.
Business quality
Margins and the return generated on invested capital.
- Gross margin
- - Gross profit retained from each unit of revenue.
- Operating margin
- - Operating profit retained from revenue.
- Free-cash-flow margin
- 34.1% Free cash flow generated from revenue.
- Return on invested capital
- - Operating return generated on invested capital.
Growth and financial strength
Recent business growth and accounting strength.
- Revenue growth
- 13.3% Latest one-year revenue growth.
- EPS growth
- 22.2% Latest one-year earnings-per-share growth.
- Free-cash-flow growth
- 734.3% Latest one-year free-cash-flow growth.
- Piotroski F-score
- 6/9 Nine-point accounting-strength checklist.
Shareholder return and balance sheet
Cash returned to owners and financial leverage.
- Dividend yield
- 3.2% Cash dividends relative to market value.
- Buyback yield
- 2.3% Net share repurchases relative to market value.
- Shareholder yield
- 5.5% Dividend yield plus net buyback yield.
- Net debt / EBITDA
- - Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment54/100
Weighted news tone is neutral across 34 relevant articles.
8 positive · 23 neutral · 3 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-1.9%Distance below the 52-week high.
13-week volatility2.5%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher17 of 269 weeks finished lower.
Best week+6.8%Week of 10 Apr.
Worst week-12.0%Week of 13 Feb.
Latest week+0.9%Week of 7 Aug.
Shape of recent returns
Strong gains6
Modest gains11
Flat weeks0
Modest losses5
Sharp losses4
Recent vol2.5%13-week weekly-return volatility.
Base vol4.3%52-week weekly-return volatility.
Up/down split32/20Count of positive and negative weeks in the 52-week window.
Average skew3.4% / -3.6%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorGB Financial Services
4-week rank14 / 100
Group average2.1%
Trend breadth60.0%
Trend60.0%active weekly trend signals
MD68.0%positive activity pressure
RS53.0%positive relative leadership
Four-week leaders
IndustryGB Banks - Regional
4-week rank1 / 14
Group average0.4%
Trend breadth50.0%
Trend50.0%active weekly trend signals
MD71.4%positive activity pressure
RS50.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape66/100
Trend, activity pressure, participation, and risk combine to a 66/100 tape read.
Indicator analysis48/100Latest 12-week confirmation: trend 3/12, activity pressure 8/12, relative leadership 9/12.
Activity pressure 0.75; 15 reversal markers Next-Week ExpectancyPositive 65.07%Next-week expectancy is positive with a 65.07% historical one-week setup read.
Adds short-term historical context without overriding trend, activity, or relative leadership. Factors89/100O'Shaughnessy factor stack blends value, quality, momentum, and confidence.
Buyback Yield rank 25 Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment54/100Weighted news tone is neutral across 34 relevant articles.
NatWest Stock And UK Banks Facing Windfall Tax Pressure Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 712.4 GBP | 0.9% | 617.8 GBP | 429.1 GBP | 1.30 | 9.58 | 141.8M | On |
| 31 Jul 2026 | 705.8 GBP | 4.4% | 615.4 GBP | 426.1 GBP | 1.18 | 9.17 | 113.8M | On |
| 24 Jul 2026 | 676.0 GBP | 1.0% | 613.8 GBP | 423.1 GBP | 1.05 | 6.14 | 130.8M | On |
| 17 Jul 2026 | 669.4 GBP | 1.1% | 612.8 GBP | 420.3 GBP | 0.95 | 6.66 | 115.6M | Off |
| 10 Jul 2026 | 662.4 GBP | -3.0% | 612.0 GBP | 417.6 GBP | 0.83 | 6.86 | 110.2M | Off |
| 3 Jul 2026 | 682.8 GBP | 4.0% | 610.3 GBP | 414.9 GBP | 0.59 | 8.56 | 15.1M | Off |
| 26 Jun 2026 | 656.4 GBP | 2.9% | 608.1 GBP | 412.0 GBP | 0.30 | 6.38 | 16.3M | Off |
| 19 Jun 2026 | 637.8 GBP | 3.8% | 607.3 GBP | 409.4 GBP | 0.08 | 4.97 | 65.2M | Off |
| 12 Jun 2026 | 614.2 GBP | 3.4% | 605.4 GBP | 406.8 GBP | -0.10 | 0.16 | 18.2M | Off |
| 5 Jun 2026 | 593.8 GBP | -0.9% | 604.9 GBP | 404.4 GBP | -0.30 | -2.17 | 14.0M | Off |
| 29 May 2026 | 599.4 GBP | 2.6% | 605.1 GBP | 402.3 GBP | -0.41 | -1.72 | 91.0M | Off |
| 22 May 2026 | 584.2 GBP | 4.1% | 604.5 GBP | 400.2 GBP | -0.52 | -4.80 | 134.9M | Off |
| 15 May 2026 | 561.2 GBP | -3.2% | 604.1 GBP | 398.1 GBP | -0.69 | -6.25 | 158.7M | Off |
| 8 May 2026 | 579.8 GBP | 2.5% | 603.2 GBP | 396.3 GBP | -0.63 | -3.60 | 120.8M | Off |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.